GLOBALFOUNDRIES (GLOBALFOUNDRIES) Days Payable : 159.36 (As of Dec. 2023)

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What is GLOBALFOUNDRIES Days Payable?

GLOBALFOUNDRIES's average Accounts Payable for the three months ended in Dec. 2023 was $2,321 Mil. GLOBALFOUNDRIES's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,329 Mil. Hence, GLOBALFOUNDRIES's Days Payable for the three months ended in Dec. 2023 was 159.36.

The historical rank and industry rank for GLOBALFOUNDRIES's Days Payable or its related term are showing as below:

GFS' s Days Payable Range Over the Past 10 Years
Min: 27.2 Med: 32.65 Max: 151.05
Current: 151.05

During the past 6 years, GLOBALFOUNDRIES's highest Days Payable was 151.05. The lowest was 27.20. And the median was 32.65.

GFS's Days Payable is ranked better than
86.58% of 961 companies
in the Semiconductors industry
Industry Median: 51.74 vs GFS: 151.05

GLOBALFOUNDRIES's Days Payable increased from Dec. 2022 (120.53) to Dec. 2023 (159.36). It may suggest that GLOBALFOUNDRIES delayed paying its suppliers.

GLOBALFOUNDRIES Days Payable Historical Data

The historical data trend for GLOBALFOUNDRIES's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GLOBALFOUNDRIES Days Payable Chart

GLOBALFOUNDRIES Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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27.20

31.62

33.68

36.70

GLOBALFOUNDRIES Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial												120.53	100.88	164.01	160.05	159.36

Competitive Comparison of GLOBALFOUNDRIES's Days Payable

For the Semiconductors subindustry, GLOBALFOUNDRIES's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GLOBALFOUNDRIES's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, GLOBALFOUNDRIES's Days Payable distribution charts can be found below:

* The bar in red indicates where GLOBALFOUNDRIES's Days Payable falls into.

GLOBALFOUNDRIES Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

GLOBALFOUNDRIES's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (532	+	0)	/	1 )	/	5291	*	365
=	532					/	5291	*	365
=	36.70

GLOBALFOUNDRIES's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2321	+	0)	/	1 )	/	1329	*	365 / 4
=	2321					/	1329	*	365 / 4
=	159.36

GLOBALFOUNDRIES Days Payable Related Terms

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GLOBALFOUNDRIES (GLOBALFOUNDRIES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GLOBALFOUNDRIES Inc (NAS:GFS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GFS:Mexico 76J:Germany

Address

400 Stonebreak Road Extension, Malta, NY, USA, 12020

Website

https://www.gf.com

GlobalFoundries is a top-five contract semiconductor manufacturer globally. It was originally the manufacturing arm of Advanced Micro Devices before it was spun out in 2009. The foundry sells chips into a range of end markets including smartphones, PCs, Internet of Things, data centers, automotive, industrial, and so on, but primarily focuses on more mature process technologies. Until 2021, the firm was privately held by Mubadala Investment, the sovereign wealth fund of the United Arab Emirates. GlobalFoundries merged with Chartered Semiconductor Manufacturing in 2009 and acquired IBM's chipmaking business in 2015. GF is headquartered in Malta, New York, and employs about 14,000 people.